Royal Mail goes ahead with cuts to UK flights despite takeover

Royal Mail goes ahead with cuts to UK flights despite takeover

Three more freight flights to go this month as parent company CEO Martin Seidenberg pursues ‘transformation’

The boss of Royal Mail’s parent company has said the company will push on with a “transformation” of the group despite its £3.57bn takeover, as the delivery company prepares this month to cut more daily freight flights.

Martin Seidenberg, the chief executive of International Distribution Services, plans “the biggest network change in 20 years” to revamp Royal Mail’s deliveries, despite uncertainty created by the Czech energy tycoon Daniel Kretinsky’s takeover, which has been backed by the board.

Continue reading…

Please follow and like us:
Pin Share